Replies to post #51464 on Savvy Trades and Investments

[researcher59]

MTH +1.10 to 42.20 after a nice earnings beat .... this bear market in the homebuilders is hard to understand, notwithstanding the headwinds from rising interest rates and building costs. I'm tempted to increase my exposure. MHO and CCS look the most attractive to me at this point. MHO trading 5% below tangible book value seems crazy.

briefing -

Meritage beats by $0.21, beats on revs (41.10) :

Reports Q2 (Jun) earnings of $1.31 per share, $0.21 better than the Capital IQ Consensus of $1.10; revenues rose 9.4% year/year to $877.5 mln vs the $825.47 mln Capital IQ Consensus.